You should do some research on deflation, which we are in now. And then hyperinflation which we will soon be in. Some investors think Gold and precious medals would do well and some do not. I for one, feel storing real commodities, food, water, supplies needed for the production of food may one day be necessary. The owning of Real food products protect you against hyperinflation. Maybe not an easy task or even realistic, especially trying to store. But these do maintain real value in a depression. Lets face it, Gold does not feed someone in a real depression. Most of us would be without jobs to provide for our families. I for one do not think we are going through a normal business cycle. Especially, if Obama really follows through on his tax plans against business. Small business makes up about 85% of our employment. His tax plan will stop the financial engine, maybe for a long time. You can’t tax and spend your way out of a bad economy! Not to mention pay off your debt that way. Our bonds that we sell to other countries to keep us afloat are soon going to be worth negative growth, who wants to purchase that. They can print all the money they want, but its just paper and it won’t make it more valuable. And it will not get us out of the DEBT!!!
Thanks, but I don’t really need to do any research. I know what I want, and it is only peripherally related to the general economy projections and political machinations. I’d be doing the same thing if McCain had won... Maybe just a little less urgency.
I’m really looking for a Who, rather than a what and a why.
Although I’d be glad to participate in a discussion of that sort if someone wants to start another thread.